WAVE CRAFTERS CARPENTRY LTD

Executive Summary

Wave Crafters Carpentry Ltd is a newly formed private company currently dormant with no trading activity or financial assets reported. While compliant with statutory filings, the absence of operational history and working capital presents a high risk profile from an investment standpoint. Further investigation is required to confirm business viability and funding plans prior to any investment consideration.

WAVE CRAFTERS CARPENTRY LTD - Analysis Report

Company Number: 15075784

Analysis Date: 2025-07-20 15:00 UTC

1. Risk Rating: HIGH

Justification: The company is newly incorporated (2023) and has filed dormant accounts showing zero assets, liabilities, and no trading activity in its first financial year. There is no operational financial data indicating revenue generation or working capital. This profile suggests the company has not yet commenced substantive business operations, posing significant uncertainty on its ability to meet obligations or sustain operations.

2. Key Concerns:

• Dormant status with no trading activity or financial transactions reported to date implies lack of operational history and cash flow.
• Zero net assets and zero working capital indicate no financial buffer to absorb liabilities or fund growth.
• Single director and 100% ownership concentration with no evidence of additional management or governance structures may increase control risk.

3. Positive Indicators:

• The company is compliant with filing requirements, with no overdue returns or accounts, indicating awareness of regulatory obligations.
• The director is a carpenter by occupation, aligned with the company’s SIC code for carpentry and joinery, suggesting relevant expertise.
• The company is active and not in liquidation or administration, which preserves future operational potential.

4. Due Diligence Notes:

• Confirm current operational status beyond dormant filings, including any unfiled trading activity or contracts.
• Obtain management accounts or cash flow forecasts to assess near-term liquidity and funding sources.
• Investigate the director’s business plan, capital injection, and timeline for commencement of trading.
• Review any related party transactions or financial support arrangements from the sole shareholder.